California-based mortgage lender loanDepot on Tuesday announced the launch of its fully automated underwriting engine called melloNow. The new system, which has been in beta-testing for the last ...

Manulife has updated its underwriting AI’s client questionnaire, nearly doubling its instant approval rate to 58% of all applications it processed, the insurance giant announced Thursday.

LOS ANGELES, June 28, 2023 /PRNewswire/ -- With this new partnership, Sync1 Systems, an industry leading cloud-based Loan Origination System, will integrate AI-automated credit underwriting into their ...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--A&D Mortgage, the nation’s leading Non-QM lender, proudly announces the launch of its exclusive automated decision system for Non-QM loan products. This ...

SACO, ME— October 29, 2009 — SYNEV Insurance Services announces the availability of automated underwriting services with IRMA “Individual Risk Mortality Assessment”. Highly accurate mortality risk ...

WASHINGTON, Aug. 11, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the company will launch a new feature in its automated underwriting system to incorporate consumers' rent payments in ...

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for ...

ROCHELLE PARK, N.J., Dec. 18, 2024 /PRNewswire/ -- Sapiens International Corporation (SPNS),, a leading global provider of software solutions for the insurance industry, announced today that Sapiens ...

SINGAPORE--(BUSINESS WIRE)--Insular Life, the first life insurer in the Philippines to automate customer acquisition and underwriting, continues to expand the reach and deliverables of its ...

These systems don’t allow for much in the way of human judgment — the software determines whether you’re either approved, rejected or asked for additional information. Such automated underwriting, as ...